>Correction: 100% of the tax falls on landowners, while 0% falls on everyone else.
The way you approach this seems to assume that any Georgist taxes get passed on to corporations & owners, but not individuals. A data center would bear the cost of taxes for land and construction materials based on their availability and demand even if the land and building were rented. Similarly, taxes of land, water, fertilizer, metals, would be passed on to the consumer.
At the end of the day, Georgism boils down to a material use and consumption tax.
Because there is no Georgist tax for capital gains or income, A janitor would pay the same tax as a CEO if they personally use and consume the same amount of raw materials. A stock trader making 1B/year pays the same as a carpenter, maybe less because the carpenter need more physical materials to work like wood & nails, while the stock trader just sends a few megabytes down the wires.
Much of what humans exchange for value does not have a strong relation to scarce physical materials, primarily labor and money. The incomes of Apple or Google are not proportional to their material use, just like the the incomes of hyper billionaires is not proportional to their cheeseburger consumption. ( e.g. Musk's income is maybe that of 500,000 Americans, but he doesn't use as much land, eat as much food, or use as much fuel as 500,000 people).
This is why a georgist tax regime is very regressive (which isnt inherently a bad thing). I just dont think it is a great social equalizer many proponents claim.
>Correction: 100% of the tax falls on landowners, while 0% falls on everyone else.
The way you approach this seems to assume that any Georgist taxes get passed on to corporations & owners, but not individuals. A data center would bear the cost of taxes for land and construction materials based on their availability and demand even if the land and building were rented. Similarly, taxes of land, water, fertilizer, metals, would be passed on to the consumer.
At the end of the day, Georgism boils down to a material use and consumption tax.
Because there is no Georgist tax for capital gains or income, A janitor would pay the same tax as a CEO if they personally use and consume the same amount of raw materials. A stock trader making 1B/year pays the same as a carpenter, maybe less because the carpenter need more physical materials to work like wood & nails, while the stock trader just sends a few megabytes down the wires.
Much of what humans exchange for value does not have a strong relation to scarce physical materials, primarily labor and money. The incomes of Apple or Google are not proportional to their material use, just like the the incomes of hyper billionaires is not proportional to their cheeseburger consumption. ( e.g. Musk's income is maybe that of 500,000 Americans, but he doesn't use as much land, eat as much food, or use as much fuel as 500,000 people).
This is why a georgist tax regime is very regressive (which isnt inherently a bad thing). I just dont think it is a great social equalizer many proponents claim.